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The move will help Xiaomi meet about 95 per cent of its demand in India from these two facilities.

Xiaomi sets up 2nd manufacturing unit in India

Xiaomi had entered India in July 2014 and started local manufacturing just over a year later.

20 March 2017 6:35 PM IST

Vedanta Resources Group Chairman Anil Agarwal

Anil Agarwal defends Anglo American stake bid

Vedanta Resources chairman was planning a takeover bid after becoming second largest shareholder in Anglo American.

20 March 2017 6:09 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

SBI sees Rs 27,420-cr hit on UP farm loan waiver

BJP had in its UP election manifesto promised to waive farmers' loans if elected to power.

20 March 2017 5:40 PM IST

The penetration of corporate bonds, as measured by amount outstanding to GDP, was 18 per cent in 2016.

Assocham-Crisil suggest strategy to deepen bond market

Issuers will benefit from being able to generate stable funding at low costs.

20 March 2017 5:09 PM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex goes down loses 130 points at day end

Nifty succumbed to profit-booking and closed down 33.20 points, or 0.36 per cent, at 9,126.85.

20 March 2017 5:08 PM IST

Idea and Vodafone today announcement their merger

Vodafone, Idea create $23.2-bn telecom behemoth

Two telecom giants make country's largest operator to fight price war sparked by Mukes Ambani's Relaince Jio.

20 March 2017 4:53 PM IST

Commerce and Industry Minister Nirmala Sitharaman said

Consultancy firm to revive loss-making firm PEC

Nirmala Sitharaman said PEC Ltd has made losses during the last two financial years.

20 March 2017 4:47 PM IST

The Niti Aayog conducted the study from 2013 to 2016.

NITI to lend support in development of 10 big infra projects

Government has allocated Rs 3.95 lakh crore for infrastructure development in the Union Budget 2017-18.

20 March 2017 4:35 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

No FDI in defence, ports, coal in Apr-Dec period: Govt

Photographic raw film & paper and coir other two segments which did not attract foreign inflows.

20 March 2017 4:02 PM IST

Electronic auction of coal registeres decline

The available quantity of coal and demand of fossil fuel in the economy are the factors in question.

20 March 2017 3:59 PM IST

Idea and Vodafone

Idea-Vodafone merger to benefit govt, consumers: COAI

Idea Cellular board today approved its merger with Vodafone India and Vodafone Mobile Services.

20 March 2017 3:35 PM IST

SEBI has mandated SBI Capital Markets (SBI Caps) and HDFC Realty for auctioning a total of 61 land parcels.

Sebi to now auction jewellery, ornaments of defaulters

Reserve price for the gold items has been fixed at Rs 68.85 lakh by the market regulator.

20 March 2017 3:04 PM IST